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spice exports

Kerala’s monopoly in manufacturing value-added spice products is under threat. The State, which used to meet about 75 per cent of global demand, is confronting several obstacles, says a Manorama report.
Shortage of raw materials, high production cost and the lack of basic facilities are prompting companies in Kerala to move elsewhere. Meanwhile, processing centres are coming up in countries like Vietnam and China.
Last year India earned Rs 1,911 crore by exporting 11,475 tonnes of spice oils, oleoresins and other products. Kerala contributed a major chunk of the products, boosting the country’s total spice exports past Rs 14,000 crore.
According to the report, what aided ventures in Kerala was the high quality and availability of pepper, ginger, turmeric and nutmeg. The hig...